The French union CAD has renewed its call to continue the strike at ST for Tuesday 17th and Thursday 26th of November 2020, and requests a minimum increase of 100 euros for all.

CAD asks the ST management two questions:
Why did ST management postpone the announcement of the salary policy from June to October, only to announce after 6 months of extraordinary results that there will be no salary increases to all employees ?
Why on the one hand such a triumphalism in external communication, and on the other hand give internally negative or alarming justifications to legitimize the decision not to distribute salary increases?

The CAD states that the misunderstanding is all the greater since the employees perceive well internally that the stock market rally of the STM share seems justified, in particular because of the reforms which they see being deployed at various levels, of what comes out of the factories, and projects that are just starting up or, conversely, that are close to completion.
“This largely explains the first social movements that started in France as in Crolles, Grenoble or Rennes, and even now in Morocco.” states the CAD , adding “the company’s situation is incomprehensible to STMicroelectronics employees, and this is why the CAD officially asks the CEO of STMicroelectronics, Jean-Marc CHERY, to clarify it.”